Motorola Solutions, Inc. (MSI) Files Form 4 Insider Selling : Eduardo F Conrado Sells 976 Shares

Motorola Solutions, Inc. (MSI): Eduardo F Conrado , EVP, Strategy & IO of Motorola Solutions, Inc. sold 976 shares on May 17, 2016. The Insider selling transaction was reported by the company on May 19, 2016 to the Securities and Exchange Commission. The shares were sold at $70.08 per share for a total value of $68,401.49 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 12, 2016, Bruce W Brda (EVP, Products & Services) sold 12,820 shares at $70.89 per share price.On Apr 4, 2016, Greg Mondre (director) purchased 50 shares at $63.90 per share price.Also, On Mar 16, 2016, Mark S. Hacker (EVP, GC & Chief Admin Officer) sold 4,894 shares at $71.32 per share price.On Oct 26, 2015, Robert C Schassler (EVP, Sol & Svcs) sold 22,891 shares at $70.00 per share price.

Shares of Motorola Solutions Inc (MSI) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.74 points or -1.07% at $68.72 with 12,40,959 shares getting traded. Post opening the session at $69.36, the shares hit an intraday low of $68.29 and an intraday high of $69.76 and the price vacillated in this range throughout the day. The company has a market cap of $11,999 M and the number of outstanding shares has been calculated to be 17,46,04,360 shares. The 52-week high of Motorola Solutions Inc is $76.83 and the 52-week low is $56.4.

Motorola Solutions Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Motorola Solutions Inc is Reiterated by MKM Partners to Neutral while Lowering the Price Target of the company shares to $ 69 from a previous price target of $74 . The Rating was issued on May 9, 2016.Motorola Solutions Inc is Downgraded by Northcoast to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 4, 2016.Motorola Solutions Inc is Reiterated by MKM Partners to Neutral and the brokerage firm has raised the Price Target to $ 74 from a previous price target of $70 .The Rating was issued on Feb 29, 2016.Motorola Solutions Inc is Reiterated by Argus to Buy and the brokerage firm has raised the Price Target to $ 84 from a previous price target of $79 .The Rating was issued on Feb 25, 2016.Motorola Solutions Inc is Upgraded by Macquarie to Neutral. Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on Feb 24, 2016.

Motorola Solutions Inc. provides communication infrastructure devices accessories software and services. The Company operates business in two segments: Products and Services. The Products segment offers a portfolio of infrastructure devices accessories and software. The primary customers of the Products segment are Government public safety and first-responder agencies municipalities and commercial and industrial customers. The Products segment has two principal product lines: devices and systems. The Services segment provides a set of service offerings for Government public safety and commercial communication networks. The Services segment has the following principal product lines: Integration services Lifecycle Support services Managed services Smart Public Safety Solutions and Integrated Digital Enhanced Network (iDEN) services. The Company serves customers in more than 100 countries.

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